24-Aug-2004 - Is consulting really rebounding, or is it the growth in outsourcing that has been propping up the industry of late? With all the outsourcing headlines in the news these last months, you would not be a fool to ask. When the industry announced its Q1 growth figures earlier this year, there was something close to euphoria as consultancies achieved their sixth successive quarter of expansion. But this was more of an outsourcing boom than anything else, with consulting revenues having shown anaemic growth over the same period.